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$1,499,000
PW26196218 MLS Active Status
Fully vacant, fully remodeled, and completely turnkey, this 4-unit two-story residential building near USC offers four 3-bedroom, 2-bathroom units across 4,403 square feet of living space on an 8,101 square foot lot, delivered ready to lease at close of escrow. The renovations are extensive and leave nothing to do: new kitchens, newly remodeled bathrooms, new flooring throughout, new tankless water heaters, a freshly completed roof, and termite tenting just finished. The property has also passed its most recent SCEP inspection August 2026, meaning no reinspection for years to come. Whether a buyer chooses to lease up all four units at current market rents from day one or occupy one and rent the others, the income potential here is immediate and compelling. The oversized lot provides ample parking and the potential to add up to four ADUs, subject to City approval, creating a meaningful long-term value-add opportunity on top of an already well-positioned asset. Situated just 2.5 miles from USC in the Vermont Harbor neighborhood, the property draws from one of the most consistent and deep tenant pools in South Los Angeles. The California Science Center, Exposition Park Rose Garden, and the Natural History Museum of LA County are all within minutes, and Downtown Los Angeles is just six miles up the 110 freeway. Properties of this quality, this size, this readiness, and this vacancy simply do not come to market often in this corridor.

611 W 46th, Los Angeles

$1,225,000
PW26196197 MLS Active Status
Four large 2-bedroom, 1-bathroom units in a 1985 built building, the kind of floor plan that keeps tenants in place for decades and rarely comes to market in this pocket of Los Angeles. One unit is delivered vacant and fully remodeled, giving an owner-occupant the option to move in immediately or an investor the ability to reset that unit to full market rent on day one. Because the property was built in 1985, it is exempt from the Los Angeles Rent Stabilization Ordinance. Rents are governed instead by the state's Tenant Protection Act, which currently permits annual increases of up to 8.7% in the Los Angeles metro area (subject to annual adjustment), nearly three times what an RSO building allows. In-place rents are already strong, but every occupied unit still sits below the vacant unit's market rate, so the next owner inherits both durable current income and a clear, legal path to raise it. The building is turnkey. New roof, well maintained, and off-street parking already in place for tenants with room to add more. Offered at a 9.91 GRM on current income, or roughly 8.77 GRM once all four units reach market. Directly across from Trinity Park and minutes from USC, Downtown, and the 110, the location draws from one of the deepest and most consistent tenant pools in the city.

427 E 25th Street, Los Angeles

$999,999
OC26195067 MLS Active Under Contract Status
FOUR-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY 745–747–749–751 N. Currier St., Pomona, CA FIRST TIME OFFERED FOR SALE Rare opportunity to acquire a four-unit multifamily property in Pomona, California, being offered for sale for the first time. The property features four income-producing units currently generating $1,850 per unit, or $7,400 per month in scheduled rental income. The property has benefited from numerous recent improvements, including updated interiors, electrical infrastructure, windows, doors, and other capital improvements. PROPERTY HIGHLIGHTS • Four-unit multifamily investment property • Current rents: $1,850 per unit • Current gross rental income: $7,400/month • Current annual gross rental income: $88,800 • All units freshly painted and professionally cleaned • Brand-new blinds throughout • Refrigerators provided in all units • New toilets installed in most units • New vanities in Units 745, 749 & 751 • Newer garage doors throughout • Recent electrical infrastructure upgrades • Units: 200-amp main panel and 5-meter bank upgrade completed in 2024 • Unit 745 water heater replaced in 2017 • Window and door improvements completed in 2020 A rare first-time offering for investors seeking a four-unit multifamily asset in Pomona with established rental income, recent improvements, and long-term investment potential.

745 N Currier, Pomona

$785,000
IV26194679 MLS Active Status
**OPEN HOUSE Sept 12 & 13th 1:00pm - 4:00pm*****Opportunity to acquire a 4-unit multifamily property at 427 E 43rd Street, Los Angeles, CA, offering investors the ability to acquire a well-located asset with immediate rental income, renovated units, and additional upside through lease-up and repositioning. The property consists of four (4) 1-bedroom / 1-bath units totaling approximately 2,100 SF on a 5,120 SF lot. Two units are currently occupied, generating $1,150 and $1,400 per month, while the remaining two units have been fully remodeled and are available for showing, providing an opportunity for a new owner to establish current market rents. The property features both front and rear access, allowing for convenient vehicle entry and parking within the property, with the potential for one vehicle per unit. One of the property's key advantages is its location. The property is just one street away from Gilbert Lindsay Recreation Center, providing convenient access to open recreational space, a soccer field, baseball field, and a designated area for pets. The property is also located less than 2 miles from Downtown Los Angeles' Fashion District and less than 2 miles from USC, placing residents near major employment, education, retail, dining, and entertainment destinations.

427 E 43rd Street, Los Angeles

$2,990,000
SB26194528 MLS Active Status
Rare Carson investment and development opportunity featuring four detached, single-story residences situated on one expansive, level and rectangular 40,260-square-foot parcel measuring approximately 132 × 305 feet. The existing improvements total approximately 3,406 square feet and provide a combined eight bedrooms and four bathrooms, three garage spaces and approximately 10 additional uncovered parking spaces. Existing rents substantially below market due to long-term tenants whose rents were intentionally kept low by the prior owner. Buyers must independently verify rental values, expenses and income projections. The property is zoned RM-12-D and may offer future multifamily development potential of approximately 11 units by right and potentially 13 units with a density bonus. All zoning, density, development potential and permitted-use information is subject to independent buyer verification and approval by the City and all applicable agencies.

215 E 220th, Carson

$1,299,000
SB26193611 MLS Active Status
Excellent opportunity to own a well-maintained four-unit property in the highly desirable Vista Del Oro area of San Pedro. Offering strong rental potential and owner-occupant flexibility, this property is well suited for both investors and buyers looking to offset housing costs with rental income. The property features four spacious townhouse-style units, each with two bedrooms and a large full bathroom upstairs, plus a living room, dining area, kitchen and half bath downstairs. Each unit also enjoys its own private patio. One unit will be delivered vacant and has been freshly updated with new flooring downstairs, new carpet upstairs, new kitchen countertops, freshly painted cabinetry and fresh interior paint throughout—providing an attractive option for an owner-user or the opportunity to establish a new tenancy at current market rent. Additional features include double-pane vinyl windows, one assigned carport space per unit, on-site coin-operated laundry, separately metered electricity and individual gas meters. The well-maintained building also benefits from a newer roof, fresh exterior paint and a new water heater. Conveniently located near shopping, restaurants and everyday amenities, this four-unit property offers a compelling combination of existing rental income, future rental upside and the flexibility of a vacant, updated unit. Whether purchased as a long-term investment or as an owner-occupied multifamily property, this is an excellent opportunity in one of San Pedro’s desirable coastal neighborhoods.

1206 W 25th Street, San Pedro

$1,799,000
GD26194429 MLS Active Status
Exceptional investment opportunity at 343 W Howard St, a beautifully upgraded four-unit apartment building in a highly desirable Pasadena location. This well-maintained, single-story property offers approximately 3,408 SF on an 8,802 SF lot, featuring four spacious 2-bedroom, 1-bathroom units, each approximately 850 SF. All units have been fully renovated with new flooring, modern kitchens with shaker cabinets, quartz countertops and stainless-steel appliances, remodeled bathrooms, in-unit laundry, updated lighting, and individual water heaters. Recent exterior and infrastructure improvements include new paint, double-pane windows, copper plumbing, and a relined sewer line (buyer to verify). The property includes a detached five-space carport plus an additional parking space with potential rental income, and no soft-story retrofit is required. Prime location just less than one mile from Brookside Golf Course and approximately 1.3 miles from the Rose Bowl, with easy access to Old Town Pasadena, Lake Avenue, The Paseo, shopping, dining, entertainment, and major Pasadena attractions. Turnkey condition, desirable unit mix, excellent location, and strong rental potential make this an outstanding multifamily investment opportunity.

343 W Howard Street, Pasadena

$1,250,000
PF26191619 MLS Active Status
Incredible Cash-Flowing 4-Plex with Value-Add Upside & 8 Parking Spaces! Attention investors! Don’t miss this exceptional four-unit income-producing property situated on a spacious 7,432 sq. ft. lot in East Los Angeles (90063). The desirable unit mix includes one large 3-bedroom/2-bath unit, one 3-bedroom/1-bath unit, and two 2-bedroom/1-bath units. The property also offers a landlord-friendly expense structure. All four units are separately metered for gas and electricity, and tenants pay for gas, electricity, and trash. The landlord is primarily responsible for water. A major highlight is the large, gated parking area with 8 dedicated parking spaces, a significant advantage in this high-demand rental market. Located in a quiet and developing East Los Angeles neighborhood with convenient access to major freeways, shopping, dining, Citadel Outlets, and Downtown Los Angeles. An excellent opportunity for investors seeking a strong cash-flowing asset, future upside, or a potential 1031 exchange replacement property.

3634 Lanfranco, Los Angeles

$890,000
SB26191649 MLS Active Status
Rare value-add income opportunity with significant upside potential in a convenient Van Nuys location. Situated on an expansive 9,017 SF lot, 6870 Woodley Ave features four (4) existing residential units and offers an excellent opportunity for investors looking to reposition, improve and maximize a multifamily asset. One unit will be delivered vacant, providing an immediate opportunity to renovate and lease at current market rents, while the existing occupied units provide income from day one. Two units have 2 bed + 1 bath and the other two are 1 bed + 1 bath units. Vacant unit is a top level 1 bed + 1 bath. Property currently has 4 covered carport spaces plus room for 6 or more cars on site. The property's generous lot size and existing configuration may offer additional opportunities for ADU development, laundry income, expansion or other improvements, creating the potential to further enhance rental income and long-term value. Buyers and developers are encouraged to independently investigate and verify all zoning, density, ADU, development and redevelopment possibilities with the City of Los Angeles and appropriate professionals. With a combination of existing income, a vacant unit ready for renovation, large amount of open land and potential for additional units, this property presents multiple paths to create value. Conveniently located in Van Nuys with easy access to shopping, dining, schools, transportation, major freeways (101 & 405) and employment centers throughout the San Fernando Valley. 6870 Woodley is an outstanding opportunity for an investor seeking a multifamily property with immediate value-add potential and compelling long-term possibilities.

6870 Woodley Avenue, Van Nuys

$2,400,000
PW26193701 MLS Active Status
Excellent opportunity to acquire a 2017-built, non-rent-controlled fourplex in the high-demand Mid-City submarket of Los Angeles. The property is surrounded by ongoing new development. Nearby comparable sales have traded at approximately $3,100,000 and $3,700,000, providing additional context for the property's long-term value potential. The property features an attractive unit mix consisting of two 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one 2-bedroom, 2-bath unit. Spacious layouts range from approximately 1,000 to 1,400 square feet, with the 4-bedroom unit offering the largest living space. The property totals approximately 5,263 square feet on a 7,000-square-foot lot, providing scale and strong rental appeal. Each unit features: -In-unit washer/dryer -Stainless steel appliances -HVAC -Open floor plans with large bedrooms -Separate utility metering Ideally located in the heart of Mid-City, the property offers convenient access to some of Los Angeles’ most sought-after destinations, including the Arts District, Helms Bakery District, Cumulus (home to Whole Foods), Culver City Steps, and Ivy Station. The area is surrounded by major employment hubs, with companies such as Apple, Amazon Studios, Sony Pictures, HBO, and Beats Electronics contributing to continued growth and strong rental demand. Residents also enjoy excellent walkability to nearby coffee shops, grocery stores including Target and Sprouts, gyms, retail, entertainment, and a wide variety of restaurants. This central location provides seamless connectivity to nearby neighborhoods including Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, Culver City, the Westside, and Downtown Los Angeles. Mid-City continues to be one of LA’s most active and desirable rental markets, driven by its proximity to high-paying job centers, ongoing development, and overall accessibility. The property also presents a unique opportunity for owner-occupants, with the ability to live in one unit while generating income from the others. Financing options may include FHA (low down payment) and conventional residential loans, further expanding the potential buyer pool. With private on-site parking, separately metered utilities, and newer construction, this property offers both convenience and long-term value.

4812 Saturn Street, Los Angeles

$650,000
CV26193403 MLS Active Status
We are proud to present 5917 Converse Avenue and 1905 E 78th Street — a two-property multifamily portfolio consisting of two separate 4-unit properties located in the Florence-Graham neighborhood of Unincorporated Los Angeles. The properties can be purchase together or individually. 5917 Converse Avenue offers approximately 2,550 SF of rentable living area across two separate structures situated on a generous 8,457 SF lot. The property consists of four 1-bedroom/1-bathroom units, averaging approximately 638 SF per unit. The property is currently generating just over $38,000 in annual rental income, equivalent to approximately $789 per unit per month. An investor familiar with prevailing market rents for comparable units in the surrounding area will recognize a significant opportunity to increase revenue, with the potential to capture more than $1,000 of additional monthly rental income per unit. Upon stabilization, the property offers the potential to achieve an approximately 9.69% CAP Rate and 7.47 GRM. The Florence-Graham neighborhood is a strongly renter-oriented market, with more than 65% of occupied housing units being renter-occupied. Strategically positioned near the I-110, I-105, and I-710 freeways, the portfolio offers convenient access to major employment centers throughout Los Angeles County. Downtown Los Angeles is approximately 6 miles north, providing access to one of the region's largest employment hubs. Tenants also benefit from proximity to the Florence Metro Station, providing rail connectivity to Downtown Los Angeles and Downtown Long Beach. Numerous grocery stores, big-box retailers, neighborhood shops, restaurants, schools, parks, and other daily-needs amenities are located throughout the surrounding area.

5917 Converse, Los Angeles

$1,150,000
IG26190967 MLS Active Status
*Excellent investment opportunity featuring four well-appointed 2-bedroom, 1-bath units in Los Angeles. Each unit includes a stackable washer and dryer, gas stove, microwave and refrigerator, offering added convenience for residents. The property features gated rear parking with four uncovered parking spaces and offers an attractive opportunity for an investor seeking a multi-unit income-producing property. Conveniently located near schools, shopping, dining, public transportation and major freeways. Property is being sold in its present AS-IS condition. Property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to independently verify all property information, including square footage, lot size, unit information, rents, tenancy, parking, and applicable rent stabilization requirements and regulations with the appropriate agencies.

338 E 99th, Los Angeles

$1,150,000
8 Beds 4 Baths IG26190448 MLS Active Status
**Excellent investment opportunity featuring four well-appointed 2-bedroom, 1-bath units in Los Angeles. Each unit includes a stackable washer and dryer, gas stove, microwave and refrigerator, offering added convenience for residents. *The property features gated rear parking with four uncovered parking spaces and offers an attractive opportunity for an investor seeking a multi-unit income-producing property. *Conveniently located near schools, shopping, dining, public transportation and major freeways. Property is being sold in its present AS-IS condition. Property is subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to independently verify all property information, including square footage, lot size, unit information, rents, tenancy, parking, and applicable rent stabilization requirements and regulations with the appropriate agencies.

338 E 99th, Los Angeles

$1,550,000
6 Beds 4 Baths CV26192743 MLS Active Status
Constructed in 1951, the property sits on a ±6,250 square-foot lot with a total building size of ±3,125 square feet. Positioned at the intersection of South Bushnell Avenue in central Alhambra, the property benefits from immediate proximity to Valley Boulevard and Fremont Avenue, two of the area's primary retail corridors. The location offers exceptional connectivity, with convenient access to the 10 and 710 Freeways, and is minutes from Cal State University, Los Angeles and approximately 8 miles from Downtown Los Angeles. Neighboring cities include Monterey Park, San Gabriel, and Temple City. The property features an ideal unit mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, averaging 781 square feet per unit. Each residence has been thoughtfully updated and features renovated interiors with fully equipped kitchens, updated cabinetry, tile flooring, recessed lighting, upgraded bathroom sinks and showers, split air conditioning units, laminate wood flooring, and vertical blinds. On-site covered parking is available for all residents with ample street parking. The property presents a well-maintained exterior with newer exterior paint and mature, lush landscaping throughout. 221 S Bushnell Avenue is a well-maintained, income-producing fourplex located in one of the San Gabriel Valley's most desirable residential submarkets.

221 S Bushnell Avenue, Alhambra

$1,649,000
SB26192471 MLS Active Status
Well-located 4-unit income property in the Greenbelt Heights pocket of Long Beach's Recreation Park neighborhood, just north of Belmont Heights. All four units are large 2-bed/1-bath floor plans with in-unit laundry, an individual water heater, and separate gas and electric meters. Two units are fully renovated with new kitchens, baths, flooring, appliances, and laundry hookups; the other two are occupied by long-term residents. Unit D includes a private, 600+ SF fenced sun deck. Seven total parking spaces: 3 single-car garages with tandem driveway parking, plus 1 open space. Currently producing $115,260 in annual rent. Ideal owner-user play – live in one unit and let the other three help cover the mortgage (FHA/conventional financing may apply on 4 units or fewer – verify with lender). Minutes to Recreation Park, Colorado Lagoon, Marine Stadium, Belmont Shore's 2nd Street, CSULB, and Wilson High School. Buyer to verify all information.

817 Mira Mar, Long Beach

$995,000
DW26192449 MLS Active Status
Delivered Vacant and Move-In Ready! Excellent opportunity in a highly desirable location just a short walk from USC and minutes from Exposition Park, the California Science Center, the new Lucas Museum of Narrative Art, BMO Stadium, and the Los Angeles Memorial Coliseum. Each unit features 1 bedroom, 1 bathroom, plus a bonus room, offering flexible living space for the next owner. Situated on a spacious lot and zoned LAR3, the property offers ample outdoor space and potential to explore additional development, including ADUs. A unique opportunity for an owner-user, investor, or buyer looking to own a multifamily property near USC and some of Los Angeles' most prominent cultural, educational, and entertainment destinations. Buyer to independently verify zoning, ADU potential, permitted uses, and all development possibilities with the appropriate agencies.

1306 W Martin Luther King Jr, Los Angeles

$2,350,000
BB26192339 MLS Active Status
523 N St Andrews Pl is a 2015-built fourplex located in prime Larchmont Village. The property delivers a strong 5.42% cap rate, approximately ten years of established rental history, and a stabilized income stream. The property features a desirable unit mix consisting of three 3-bedroom residences and one 2-bedroom residence. Each unit offers in-unit laundry, modern, easy-to-maintain finishes, and spacious, functional floorplans. The residences are noticeably larger than many brand-new units being delivered today, with generous kitchens, comfortable living areas, and oversized bedrooms that enhance their long-term rental appeal. Current rents include $3,715 per month for a 3-bedroom unit, $3,701 per month for a 3-bedroom unit, and $2,992 per month for the 2-bedroom unit. One 3-bedroom residence is currently vacant, creating the opportunity for an owner-user or an investor to lease the unit at market rent. The property’s established operating history and strong occupancy provide a reliable foundation for long-term income. Situated in East Larchmont, between Hancock Park and Hollywood, the property is very close to neighborhood restaurants and destinations including Antico Nuovo, Found Oyster, Levain Bakery, Max & Helen’s, Budonoki and Courage Bagels. Erewhon, Larchmont Village, Hollywood and Los Feliz are also easily accessible. The central location provides convenient access to major employment centers including Netflix, Paramount Studios, Kaiser Permanente Los Angeles Medical Center and Sunset Gower Studios, supporting demand from renters seeking newer construction, spacious layouts and proximity to some of central Los Angeles’s most desirable dining, shopping and entertainment. With its proven operating history, desirable unit mix, spacious floorplans and central East Larchmont location, 523 N St Andrews Pl presents an opportunity to acquire a dependable income-producing asset in one of Los Angeles’s most established rental markets.

523 N St Andrews, Los Angeles

$3,280,000
TR26191250 MLS Active Status
Brand new 4-unit investment property for sale in West Los Angeles, built in 2026 – Address: 10152,10154,10156,10158 Regent Street, Los Angeles, CA 90034 (Palm District) This newly built 4-unit was completed in 2026 and consists of two buildings: #10152: 3 Beds / 3.5 Baths 1389sqft #10154: 3 Beds / 3.5 Baths 1359sqft #10156: 2 Beds / 2.5 Baths 1076sqft #10158: 3 Beds / 3.5 Baths 1767sqft Total living space approx. 5,591 sqft. Four units with separate addresses. All utilities and solar are individually metered. Solar systems are fully paid off by the seller. Nearby Amenities & Transportation Tech & Entertainment: Sony Pictures Entertainment(5 min), Apple TV+ & Amazon Studios, HBO, TikTok Universities: UCLA(15 min), Loyola Marymount University(20 min) Beaches & Waterfront: Santa Monica / Venice Beach / Marina del Rey(12–15 min) Sports & Golf: Rancho Park Golf Course(8 min), SoFi Stadium(25 min) Airport & Transit: LAX approx. 20 min, near I-10 / I-405 Freeways, Metro E Line Palms Station 2 blocks, direct to DTLA & Santa Monica Shopping & Daily Life: Westfield Century City & Westfield Culver City, restaurants, cafes, grocery stores. Some photos are virtually staged/remodeled to show the home's potential. Original photos available upon request.

10158 Regent Street, Los Angeles

$1,595,000
PW26190870 MLS Active Status
The Bellflower Blvd 4-plex presents a rare owner user or investor opportunity to acquire a renovated 4-plex in Bellflower with stable tenants while still having realistic rental upside. The structure was built in 1971, measures 4,130 square feet and sits atop a 5,025 square foot lot. The subject property boasts a desirable unit mix of (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath, and (1) 1 bedroom 1 bath apartments. All apartments have been renovated in the past few years with updates including new windows, white shaker cabinets, quartz countertops (kitchens and bathrooms), plank vinyl flooring, and new appliances. Tenants enjoy separately metered utilities, an onsite laundry room and assigned carport and open parking spaces. The 4-plex is located in a commuter friendly location with easy access to the 605, 105 and 91 freeways, connecting tenants to major employment hubs throughout the broader Los Angeles and Long Beach metro regions.

14534 Bellflower Blvd., Bellflower

$1,088,800
OC26190608 MLS Active Status
**Excellent 4-Unit Income Property with Strong Upside Potential! ** Interiors are remodeled previously; low-maintenance, well-maintained building with great tenants and excellent potential for future rent growth. The property features a **spacious backyard offering potential for additional ADU development, including the possibility of a two-story configuration, subject to city approval and buyer verification**. Ample parking includes **3 Carport spaces plus a 1-car garage**. Conveniently located with easy access to major freeways, nearby strip malls, and within walking distance to the police station and YMCA. A great opportunity for investors looking for **stable rental income with additional future development and income potential**

5174 Linden, Long Beach

$888,000
SB26189430 MLS Active Status
Property Description A unique four-unit opportunity in El Sereno, tucked along a palm tree-lined cul-de-sac surrounded by traditional homes. Offering approximately 4,000 square feet of total living space on a 7,127-square-foot lot, the property consists of one three-bedroom residence and three two-bedroom units, with dedicated parking for each unit. The front three-bedroom residence is vacant and move-in ready, offering approximately 1,120 square feet with fresh designer paint, new flooring, a beautifully updated kitchen with quartz countertops, double-pane windows, and in-unit washer/dryer hookups. Completely separate from the other three units with no shared walls, it also enjoys its own gated entrance and a generous fenced front yard, creating a wonderful sense of privacy. The three additional residences each feature two bedrooms and one bathroom, providing an established income-producing component to the property. Extensive improvements have also been made throughout the property, including a new roof, updated copper plumbing, new gas piping, an updated drainage system, new pillar supports, and freshly painted stucco. Additional features include four covered parking spaces, four dedicated storage units, and convenient rear-alley access. Beyond the property itself, El Sereno is a well-established Northeast Los Angeles neighborhood experiencing a renewed period of growth and community investment, with an emerging mix of community-focused gathering places, small businesses, and local venues adding new energy to the area while maintaining its longstanding residential character. Neighboring South Pasadena and Alhambra, El Sereno also provides convenient access to surrounding communities. For those who enjoy the outdoors, recreational opportunities are nearby at Ascot Hills Park, Ernest E. Debs Regional Park, and Elephant Hill Open Space, offering hiking and open-space experiences within the surrounding Northeast Los Angeles area. With four residences, approximately 4,000 square feet of living space, substantial property improvements, dedicated parking and storage, outdoor space, and an updated vacant three-bedroom front residence, this is a distinctive opportunity to own a multi-unit property in one of Northeast Los Angeles' established residential communities.

3910 Drysdale Avenue, Los Angeles

$1,500,000
11 Beds 8 Baths NDP2608150 MLS Active Status
Now priced to reflect a short sale opportunity. Sale subject to lender approval. Excellent value-add opportunity in a prime Los Angeles location. 144 S Kenmore Ave is a four-unit residential income property offering approximately 4,660 SF of building area on an approximately 7,140 SF LAR3 lot, with substantial renovation already completed. Two units have been fully renovated, and two additional units remain unfinished. The two completed units underwent extensive renovations, including new plumbing and electrical, kitchens, bathrooms, flooring, windows, recessed lighting, cabinetry and fixtures. Seller states the completed renovation work was performed with permits. The two unfinished units are currently configured for completion as 3-bedroom/3-bath units. The planned final configuration is approximately one 2-bedroom/2-bath unit and three 3-bedroom/3-bath units, subject to buyer verification of final legal bedroom/bathroom counts, plans and permits. The property is being offered without existing tenant leases, giving the next owner an opportunity to evaluate the existing improvements and complete the remaining work, subject to applicable permitting and occupancy requirements. The rear parking/garage area and overall site configuration may also offer potential for ADUs or other future development opportunities, subject to buyer investigation, zoning, permitting and City approval. Conveniently located near Koreatown, Larchmont Village, Virgil Village, shopping, dining, transit and major employment centers. An opportunity to acquire a fourplex with substantial improvements already completed and additional upside through completion and lawful lease-up. The property is subject to the Los Angeles Rent Stabilization Ordinance and is offered as-is in its current, partially renovated condition. Buyers should independently verify permits, lawful occupancy, applicable rental restrictions, development potential and costs to complete the remaining work.

144 S Kenmore Avenue, Los Angeles

$985,000
WS26189594 MLS Active Status
Exceptional 4-UNIT BOYLE HEIGHTS INVESTMENT — $985,000 / APPROX. $299 PER SF and just $246,250 per existing unit! There is potential for 46% more gross rental income and 7.0% stabilized cap at the $985K asking price. Current rents totaling approximately $4,767.80 per month with upside to $8,800 per month. That increases the gross scheduled rent from $57,214/year to approximately $105,600/year, an increase of roughly $48,386 annually. The biggest growth opportunity is in converting existing garage space into 2 ADU-conversions to bring in up to an additional $1,800 per month totalling $3,600 per month in additional income. The property goes from $8,800/month in projected market rent to $12,400/month 4+2 adus stabilized annual rents: $148,800/year. You will have approximately a 10.15% cap rate at $985,000. The seller has completed substantial capital improvements during ownership, including a copper plumbing re-pipe approximately six years ago, upgraded electrical panel, exterior painting, roof maintenance, replacement of two tank-style water heaters and remodeled bathrooms in two units. The property has four separate electric meters and four separate gas meters. The major systems are set and ready to go. Overall, the property has been well maintained, reflecting pride of ownership, and offers significant rental upside potential.

3249 E 4th Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.